Decrease in Noninterest Spending Needed to Close the Fiscal Gap without Increasing Revenue, with Federal Noninterest Outlays for Comparison
29%6%7%15%16%24%Health careSocialSecurityNondefensediscretionaryDefensediscretionaryIncomesecurityOthermandatory
CategoryAmount
Health care$1,184 billion dollars
Social Security$982 billion dollars
Nondefense discretionary$642 billion dollars
Defense discretionary$622 billion dollars
Income security$290 billion dollars
Other mandatory$254 billion dollars
Veterans’ benefits$109 billion dollars
27%73%Immediateandpermanentreduction inspending toclose thefiscal gap
CategoryAmount
Immediate and permanent reduction in spending to close the fiscal gap27%
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Source: GAO and GAO analysis of Congressional Budget Office data.
Notes: The colored pie on the left represents noninterest spending in 2018. The red slice in the pie on the right is the fiscal gap, as calculated from GAO’s 2019 alternative simulation. Read about the assumptions underlying this simulation.
Data: TXT | PDF